AGP Executive Report
Last update: 12 hours agoTokenised Funds: Hong Kong approved round-the-clock secondary trading for two tokenised money-market funds on a licensed platform, a step toward broader regulated digital-asset markets. Ripple’s Banking Push: The OCC gave Ripple final approval for a national trust bank charter as the company expands RLUSD partnerships with BNY and Robinhood. Market Pressure: Bitcoin fell below $80,000 ahead of the Federal Reserve’s decision, while traders watched for further losses across crypto. Trading Slowdown: Robinhood’s third-quarter crypto revenue dropped 55% year over year to $120 million, despite record overall revenue; options and prediction markets helped offset the decline. Corporate Treasuries: Strive added 6,182 BTC, bringing its holdings to 43,000, while Bitmine reported an Ethereum treasury of about 6.05 million ETH.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.